The joint venture acquired two Suezmax tankers for a combined consideration of US$40.6m.
The initial consideration, payable by Zenith on completion, will be settled through the issue of 6.7m new Zenith shares.
What was the “principle reason” for the dismissal: the reason in the mind of the decision maker or the “hidden reason” in the mind of the manager?
A six-year loan facility will primarily be used towards the prepayment of existing credit payments, amounting to US$152m, as well as to pay off a US$66m bridge facility raised in June 2019.
Lothar Wegener: “This is a good result for the firm, improving as it does on last year’s result for the same period, and clearly demonstrating the ongoing success of the sector-focussed model that drives WFW”.
We were proud to mark the first anniversary of both our LGBT Affinity Group and our mental health allies in October. Both demonstrate the commitment from our firm and our people to creating a more inclusive working environment…
The proceeds of the deal were used to refinance certain debt secured on the vessels.
The new airport opens in 2026 and will be the largest international gateway in Australia by 2060. It is expected to support almost 28,000 jobs within five years of opening.
This week’s delicacies offered up by the English courts include an interesting case on apparent bias, a warning from the Court of Appeal on contempt proceedings, and a useful reminder on “subject to contract” wording.
The refinancing supports ongoing renovations, including the base of the building’s 29-story atrium, a two-story library and workspace, retail kiosks, a bar and lounge, a pool and a gym.